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D) yield to maturity. Answer: C. 12. Which of the following bonds would be likely to exhibit a greater degree of interest-rate risk? A) A zero-coupon bond with 20 years until maturity. B) A coupon-paying bond with 20 years until maturity. C) A floating-rate bond with 20 years until maturity. D) A zero-coupon bond with 30 years until maturity ... ................
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